Answer:
b. supply is represented graphically by a curve and quantity supplied as a point on that curve.
Explanation:
Qunatity supplied shows how qunatity of a product changes in response to changes in price of that good. According to the law of supply, the higher the price of good, the higher the quantity supplied and the lower the price of a good, the lower the quantity supplied. This shows that quantity supplied has a direct relationship with price.
Changes in quantity supplied is shown by movement along a supply curve.
Changes in supply is caused by other factors other than changes in price. Some of these factors are :
Changes in price of similar goods
Tax
Change in number of suppliers
Technological advancement
Changes in supply is shown by movement of the supply curve either to the left or to the right and not a movement along the supply curve.
I hope my answer helps you
Answer:
cash 910,000 debit
bonds payable 850,000 credit
premium on BP 60,000 credit
-- to record issuance of bonds --
interest expense 63700 debit
amortization 4300 credit
cash 68000 credit
--to record coupon payment at December 31th--
Explanation:
issuance:
cash proceed of 910,000 face value of 850,000 the 60,000 difference wil be a premium.
interest entry:
we multiply the carrying value of the bonds by the market rate
we calcualte the cash procees as ussual: face value x bond rate
the difference wil be the amortization on premium
910,000 x 7% 63,700
850,000 x 8% 68,000
amorization 4,300
Answer:
Results are below.
Explanation:
<u>To calculate the direct labor rate and efficiency variance, we need to use the following formulas:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (17.7 - 17.8)*7,600
Direct labor rate variance= $760 unfavorable
Actual rate= 135,280/7,600= $17.8
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (4*1,800 - 7,600)*17.7
Direct labor time (efficiency) variance= $7,080 unfavorable
Answer:
The answer will be A
Explanation:
As the social security contributions and benefits remain the same in proportion, personal and national income will remain the same.
As disposable income is defined as personal income-personal taxes, and the personal income taxes fall by 500 million (included in the contibutions), this would mean that the disposable income increases.
Answer:
An applicant tracking system (ATS) is a human resources software that acts as a database for job applicants.
